- Udyam number
- UDYAM-HR-03-0001767

About Maharani Paints Private Limited
Data last updated:
Maharani Paints Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 07 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1986PTC113097. Its GSTIN is 06AAACM6316Q1Z6 (Haryana). The company holds 12 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It was formerly known as Maharani Paints(India) Private Limited and Maharani Paints (India) Private Limited. It is led by directors including Baldev Raj Bhatia and Raj Kumar Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5L/156 N.I.T. Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2025, the company reported a revenue of ₹168.68 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹9.38 Cr (net margin 5.6%) and EBITDA of ₹18.35 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Maharani Innovative Paints. As per MCA filings, the company has open charges of ₹41 Cr and satisfied charges of ₹172.26 Cr on record. Court records list 61 cases involving the company, including 47 filed by the company and 14 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.3 Cr; the latest was in January 2021. Its 4 peer companies in the Real Estate industry (Builders and Developers, Paints, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is Paryapt Infrastructure Private Limited with revenue of ₹169.03 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 13 overdue payments to 5 micro and small suppliers.
Maharani Paints Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-HR-03-0001767). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maharanipaints.com.
Company details
Name history
Maharani Paints has undergone 2 name changes throughout its history. The company was previously known as Maharani Paints(India) Private Limited, and Maharani Paints (India) Private Limited. The current legal name is Maharani Paints Private Limited.
| Company Name | Status |
|---|---|
| Maharani Paints Private Limited | Current |
| Maharani Paints(India) Private Limited | Previous |
| Maharani Paints (India) Private Limited | Previous |
CIN history
Maharani Paints has one previous CIN (Corporate Identification Number): U74899DL1986PTC023000. The current CIN is U74899HR1986PTC113097, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1986PTC113097 | Current |
| U74899DL1986PTC023000 | Previous |
Recognitions & Rankings of Maharani Paints
Contact details
Maharani Paints Private Limited's registered office is in Faridabad, Haryana. Its website is maharanipaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5L/156 N.I.T. Faridabad, Haryana, India – 121001
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Maharani Paints Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Maharani Paints operates one associated brand: Maharani Innovative Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces automotive, decorative, industrial paints and coatings for various applications. | maharanipaints.com |
Business activity
The main business activity of Maharani Paints is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Maharani Paints Private Limited, buy the company report.
Financials of Maharani Paints Private Limited
FY 2024 filings availableMaharani Paints Private Limited reported revenue of ₹168.68 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 37% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.38 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Maharani Paints Private Limited, buy the company report.
Board of directors of Maharani Paints Private Limited
Maharani Paints has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baldev Raj Bhatia | Director | 07 Jan 1986 | 40 Years 9 Months | Current |
| Raj Kumar Bhatia | Director | 01 Apr 1995 | 31 Years 7 Months | Current |
| Vipen Bhatia | Director | 01 Apr 1995 | 31 Years 7 Months | Current |
| Mukesh Kumar Bhatia | Director | 07 Jan 1986 | 40 Years 9 Months | Current |
Peer comparison
Maharani Paints Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Paints, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paryapt Infrastructure Private Limited | ₹169.03 Cr (FY 2025) | 15261.0% | Gurgaon, Haryana, India | |||
| Logix Soft-Tel Private Limited | ₹168.93 Cr (FY 2023) | -24.0% | New Delhi, Delhi, India | |||
| Maharani Paints Private Limitedthis company | ₹168.68 Cr (FY 2025) | ₹9.38 Cr | 5.6% | -1.0% | Faridabad, Haryana, India | |
| Suncity Hi-Tech Projects Private Limited | ₹168.33 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Imperia Structures Limited | ₹168.3 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Maharani Paints Private Limited, buy the company report.
Auditor
Maharani Paints Private Limited is audited by MLGAssociates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MLGAssociates | FY 2023 | 07099N |
Shareholding
The shareholding of Maharani Paints Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maharani Paints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2025 | 101138888 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 25 Mar 2025 | 101081108 | Hdfc Bank Limited | ₹12 Cr | Open | |
| 06 Dec 2024 | 101020822 | Hdfc Bank Limited | ₹24 Cr | Open | |
| 18 Sep 2017 | 100169362 | Others | ₹3 Cr | Satisfied | |
| 11 Dec 2015 | 10611238 | Rbl Bank Limited | ₹9 Cr | Satisfied |
To see the full charge records of Maharani Paints Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Maharani Paints Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.3 Cr; the latest was in January 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2009 | Funding round | ₹3.9 Cr | Investors: 4 individuals |
| Aug 2007 | Funding round | ₹2.4 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maharani Paints Private Limited has 61 court cases on record: 47 filed by Maharani Paints, 14 filed against it. 3 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 4 | 3 |
| High courts | 18 | 8 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 61)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Commercial suit | Filed by the company against Vihaan Landmarks LLP and 2 others | Pending |
| District court, Faridabad, Haryana | Court case (C M APPLI) | Filed by the company against M/S Indoshell Automotive Systems India Private Limited | Disposed |
| District court, Faridabad, Haryana | Court case (C A) | Filed against the company by CM Smith and Sons Limited | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Goods and Services Tax Network Worldmark-1 Aerocity and 3 others | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against C M Smith and Sons Ltd and 1 other | Disposed |
To see the full case history of Maharani Paints Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Maharani Paints Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 13 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Abc Transformers Private Limited |
To see the full MSME payment records of Maharani Paints Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Maharani Paints has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Maharani Innovative Paints Private Limited | U24231DL2013PTC258813 |
To see the full group structure of Maharani Paints Private Limited, buy the company report.
GST
Maharani Paints has 12 GST registrations: 4 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACM6316Q1Z6 | Haryana | Active | 01 Jul 2017 |
| 06AAACM6316Q2Z5 | Haryana | Active | 06 Jan 2018 |
| 23AAACM6316Q1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAACM6316Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maharani Paints Private Limited, buy the company report.
Recent activity
Maharani Paints Private Limited has 4 board changes on record since 1986: 4 appointments. The latest: Raj Kumar Bhatia was appointed as Director on 01 Apr 1995.
52 earlier events are in the company report.
Frequently asked questions
Maharani Paints is an active private limited company based in Faridabad, Haryana, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 07 January 1986 (40+ years old) and is registered under CIN U74899HR1986PTC113097.
Maharani Paints has 4 current directors:
- Baldev Raj Bhatia - Director
- Raj Kumar Bhatia - Director
- Vipen Bhatia - Director
- Mukesh Kumar Bhatia - Director
The latest financial statements of Maharani Paints on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maharani Paints is 06AAACM6316Q1Z6, registered in Haryana. The company has 12 GST registrations in all, of which 4 are active and 8 are cancelled or inactive. Other active GSTINs include 06AAACM6316Q2Z5 (Haryana), 23AAACM6316Q1ZA (Madhya Pradesh), 27AAACM6316Q1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Maharani Paints is U74899HR1986PTC113097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharani Paints has 61 court cases on record: 47 filed by the company and 14 filed against it. 3 are pending. Most are in the district courts.
Maharani Paints was incorporated on 07 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Maharani Paints has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.3 Cr; the latest was in January 2021.
The peers of Maharani Paints by revenue are Paryapt Infrastructure Private Limited, Logix Soft-Tel Private Limited, Suncity Hi-Tech Projects Private Limited, Imperia Structures Limited, all in the Real Estate industry (Builders and Developers, Paints, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Raj Kumar Bhatia was appointed as Director on 01 Apr 1995. Vipen Bhatia was appointed as Director on 01 Apr 1995. Baldev Raj Bhatia was appointed as Director on 07 Jan 1986. Maharani Paints has 4 board changes on record in total.
Yes, Maharani Paints is registered as an MSME under Udyam registration (number: UDYAM-HR-03-0001767).
Maharani Paints has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 13 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 May 2019.

